The Supervisory Board this morning unanimously agreed the following:

1. Mr. von Schenck will step down from the Supervisory Board of ThyssenKrupp AG at the end of fiscal year 2000/2001 to enable the proposed register-court appointment of Dr. Cromme with effect from October 1, 2001.

2. On the same date Dr. Cromme will be elected Chairman of the Supervisory Board, after Dr. Kriwet has resigned as Chairman effective September 30, 2001. Dr. Kriwet will remain a member of the Supervisory Board of ThyssenKrupp AG.

3. With effect from October 1, 2001 Dr. Baumann and Dr. Cromme will represent the stockholder side on the Executive Committee (Präsidium) and on the Personnel Committee.

4. The Supervisory Board will discuss and decide on the optimum composition and distribution of responsibilities of the Executive Board as soon as possible.

For further information, please contact Dr. Jürgen Claassen (Communication, tel. +49 211 824-36001) and Dr. Martin Grimm (Investor Relations, tel. +49 211 824-36464).